Visa Inc. (NYSE:V) Insiders Move Reflect Future Prospects

Visa Inc. (NYSE:V) registered a 0.64% increase, still its new closing price is 27.66% up from the company’s 1 year high of 84.27.It posted 2.36% gains in previous 5 sessions and is now the subject of 4 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 15 buy or better ratings. The 36 stock analysts following this company have an average price target at $95.45, with individual PT in the $76.00-$104.00 range. The shares moved at $83.77, implying that brokerage firms see shares gaining about 21.75% in twelve months time.

Visa Inc. (V) SEC Form 4 News

The stock is getting much attention these days as insiders are offloading shares while they posted a 7.37% rise year to date. A PRESIDENT at Visa Inc. (V) offloaded shares in a transaction closed on Tuesday November 08, 2016. MCINERNEY RYAN sold 18,500 shares in the company at $82.92 each and collected $1,534,000 in proceeds. MCINERNEY RYAN now owns 50,869 shares in the company after this transaction. A CHIEF EXECUTIVE OFFICER in the company, SCHARF CHARLES W, disclosed a transaction on Friday October 28, 2016 that ended up generating $63,881,000 from the sale of 772,912 shares at $82.65 per share.

Visa Inc. (NYSE:V) Upcoming Results on Tap

Visa Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $0.92 in that period. Sales during the quarter are predicted to arrive at $4.74 billion.

Earnings surprise history: Last quarter, the company posted approximately $4.26 billion in revenue and EPS of $0.78. The mean forecast was for $4.23 billion and $0.73 a share, respectively. One quarter earlier, revenue for the stock was at $3.63 billion, with earnings at $0.69/share.

Visa Inc. (V) Brokerage Update

Visa Inc. (V) is in Wedbush’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Wedbush, according to news reported on Friday January 20, 2017.Another important research note was issued by BofA/Merrill on Thursday December 15, 2016.The firm upgraded V to Buy from Neutral. Over the last six months and over the last three months, the shares of Visa Inc. (V), have changed 6.19% and 2.69%, respectively.